Morocco’s government debt is sustainable as efforts are ongoing to cut it further below 70% of GDP, finance minister Nadia Fettah Alaoui said. The minister made the remark during an interview on le360, following criticism by opposition MPs who warned of the risk of debt unsustainability. Debt to GDP ratio was brought below 70% this […]
Saudi Arabia on Wednesday reiterated its unwavering support for Morocco’s territorial integrity and sovereignty over the Sahara, and insisted that it considers the Autonomy Initiative as the only basis to resolve this regional dispute, in full respect of Morocco’s sovereignty and territorial integrity. This stance was expressed during the 14th session of the Morocco-Saudi Arabia […]
The launch of the gradual float of the Dirham to reach a flexible exchange rate regime will not lead to currency devaluation reassured Governor of Bank Al Maghrib, Abdellatif Jouahri. Speaking at a press conference in Rabat, Jouahri played down the speculations on risks of Dirham devaluation due to the currency float saying that the […]
